After its good performance in the past few weeks gold is now in a band of resistance, with more up ahead from 1380 through 1415 and then through 1450.
Support kicks in initially at 1345/55, a close below 1345 will get longs sweating the short-term. Support again around 1325 and 1300.
How about it gold-bugs and gold anti-bugs (and just plain ol’ traders of gold) – thoughts, comments, welcome:
Gold 240 minute candlestick chart
